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Europe Oil Filled Distribution Transformer Market Size

  • Report ID: GMI2475
  • Published Date: Aug 2023
  • Report Format: PDF
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Europe Oil Filled Distribution Transformer Market Size

Europe Oil Filled Distribution Transformer Market size was valued at USD 2.9 billion in 2022 and is predicted to expand at over 9% CAGR from2023 to 2032. The ongoing investments in utility-based enterprises aimed at meeting the growing electricity demand are slated to drive the adoption of these products.

 

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The electrical industry in the region offers a range of opportunities, given its diversity in network characteristics, client demographics, operational scale, and ownership models. The industry's scenario is influenced by the increasing demand for the integration of distributed and renewable energy technologies. In addition, the adoption of advanced electrical equipment and the expanding deployment of low, medium, and high voltage cables will positively affect the business landscape. These developments are expected to reduce energy losses and facilitate the transfer of power across state lines, contributing to a favourable business environment.

Europe Oil Filled Distribution Transformer Market Report Attributes
Report Attribute Details
Base Year:2022
Europe Oil Filled Distribution Transformer Market Size in 2022:USD 2.9 Billion
Forecast Period:2023 to 2032
Forecast Period 2023 to 2032 CAGR:9%
2032 Value Projection:USD 7.1 Billion
Historical Data for:2019 to 2022
No. of Pages:270
Tables, Charts & Figures:312
Segments covered:Core, Winding, Rating, Mounting, Application, & Country
Growth Drivers:
  • Refurbishment of existing grid infrastructure
  • Rising infrastructural spending
Pitfalls & Challenges:
  • Increasing adoption of alternate transformer technologies
Learn more about the key segments shaping this market
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Authors: Ankit Gupta, Riya Gupta

Frequently Asked Questions (FAQ) :

The market size of oil filled distribution transformer in Europe was exceeded USD 2.9 billion in 2022 and is anticipated to reach USD 7.1 billion by 2032, owing to the ongoing investments in utility-based enterprises aimed at meeting the growing electricity demand which is expected to drive the product adoption.

The Europe oil filled distribution transformer market from the transformers rated between > 250 kVA to ? 1 MVA segment is poised to witness 5% CAGR from through 2032, driven by the expansion of the commercial and industrial sectors coupled with the adaptability of these transformers in both secondary and primary distribution networks.

The Germany oil filled distribution transformer industry is projected to expand at a notable rate of more than 9% through 2032, driven by the surging electricity demand and increased efforts to expand grid networks.

Hitachi ABB Power Grids, Siemens, General Electric, Toshiba Corporation, Hyosung Heavy Industries, ERMCO, Schneider Electric, and Eaton, among others.

Europe Oil Filled Distribution Transformer Market Scope

  • Europe Oil Filled Distribution Transformer Market Size
  • Europe Oil Filled Distribution Transformer Market Analysis
  • Europe Oil Filled Distribution Transformer Market Share

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    Premium Report Details

    • Base Year: 2022
    • Companies covered: 10
    • Tables & Figures: 312
    • Countries covered: 5
    • Pages: 270
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